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Quiz
· International Trade and the Factors of Production
· 4 of 17
International Trade
Knowledge Check
Question 1 of 2
“A change in the price of a traded good results in a more than proportional change, in the same direction, in the price of the factor that is used in the production of that good ore intensively.” This is the definition of the ___________________.
a.
Stolper-Samuelson theorem
b.
Heckscher-Ohlin theorem
c.
Rybczynski theorem
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Factor Price Equalization | MRU